Tahoe bonds get upgraded | TahoeDailyTribune.com

Tahoe bonds get upgraded

Northern Nevada Business Weekly

Tight controls on development in the Lake Tahoe basin meant the region escaped the housing boom-and-bust

cycle, notes Fitch Ratings as it upgrades the rating of $4.5 million in bonds issued to build recreation facilities on the South Shore. Fitch notes, too, that nearly 11 percent of property taxes in the South Lake Tahoe area are paid by time-share projects.

Support Local Journalism

Support Local Journalism

Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User